Nextensa/SA Balance Sheet Health
Financial Health criteria checks 2/6
Nextensa/SA has a total shareholder equity of €851.0M and total debt of €788.3M, which brings its debt-to-equity ratio to 92.6%. Its total assets and total liabilities are €1.8B and €921.0M respectively. Nextensa/SA's EBIT is €55.8M making its interest coverage ratio 2.9. It has cash and short-term investments of €9.2M.
Key information
92.6%
Debt to equity ratio
€788.34m
Debt
| Interest coverage ratio | 2.9x |
| Cash | €9.20m |
| Equity | €851.03m |
| Total liabilities | €921.04m |
| Total assets | €1.77b |
Financial Position Analysis
Short Term Liabilities: NEXTA's short term assets (€299.6M) exceed its short term liabilities (€287.1M).
Long Term Liabilities: NEXTA's short term assets (€299.6M) do not cover its long term liabilities (€633.9M).
Debt to Equity History and Analysis
Debt Level: NEXTA's net debt to equity ratio (91.6%) is considered high.
Reducing Debt: NEXTA's debt to equity ratio has reduced from 143.7% to 92.6% over the past 5 years.
Debt Coverage: NEXTA's debt is not well covered by operating cash flow (0.7%).
Interest Coverage: NEXTA's interest payments on its debt are not well covered by EBIT (2.9x coverage).